Subsea7 Secures FEED Study Contract for Equinor's Fram Sor Development
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Subsea7 has been awarded a FEED study contract for Equinor's Fram Sor development, which is expected to aid in Equinor's decision-making for the final investment decision (FID).
January 10, 2025 | 4:45 pm
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POSITIVE IMPACT
Subsea7 has secured a FEED study contract for Equinor's Fram Sor development, which could positively impact its involvement in the project and influence Equinor's FID.
The contract win for Subsea7 indicates a strategic partnership with Equinor, which could lead to further opportunities if the FID is positive. This involvement is likely to enhance Subsea7's project portfolio and revenue prospects.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80